What is TRON(trx) stock?

Asked 3 years ago

I've started investing in stocks, and I'm busy exploring the stock market. I've noticed there's one called TRON, symbol: trx What stock is this, what does it mean?

Stock market Stocks

Filip Dimkovski

Monday, October 25, 2021

Putting it simply, Tron is a blockchain-based network that creates an open, global entertainment infrastructure by using  storage technologies, thus allowing for fast and cost-effective digital content sharing. Tron aims to eliminate the middleman, similarly to many cryptos, and uses blockchain P2P technologies to fill the divide between its users. The end result should be a lower total cost for customers.